3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
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3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
3313 W 48th St
For Sale

3313 W 48th St

3313 W 48th St, Los Angeles, CA 90043

$1,295,000
We are pleased to offer for sale this vacant SB-8 exempt, corner lot development opportunity (Zoned C2) located in the vibrant Crenshaw district of Los Angeles. This 7,750 SF lot comes with Ready-to-Issue (RTI) plans for three (3) duplexes and four (4) Accessory Dwelling Units (ADUs), for a total of ten (10) market-rate units. The investment falls within an Opportunity Zone, excellent for tax benefits, and well located in one of LA's most dynamic and rapidly evolving neighborhoods, 0.3 miles from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd. The property is situated on a picturesque palm tree-lined street, surrounded by low-rise residential buildings, creating an attractive and community-oriented environment. This location offers the best of both worlds - a quiet residential feel with proximity to major urban developments and cultural landmarks. This offering presents a rare opportunity to develop a modern, multi-unit property in an area that combines rich cultural heritage with forward-looking urban planning. Notably, this project is exempt from SB-8 regulations, providing developers with greater flexibility in design and unit allocation. This exemption allows for potentially higher density and more creative use of space, maximizing the property's potential in this rapidly evolving market. The project is well-positioned to meet the growing demand for quality housing in this vibrant and up-and-coming area of Los Angeles, while benefiting from reduced regulatory constraints. The front duplex will feature two (2) 3+3 units, the middle duplex will feature a 3+2.5 unit and a 4+4.5 unit, and the rear duplex will feature two (2) 3+3-units. Each duplex features a recreation room that is designed to be converted to an ADU after the Certificate of Occupancy.

23
beds

23
baths

11,596 Sq.Ft. LIVING AREA

7,750 Sq.Ft. lot

Davis Saadian

Davis Saadian

Features & Amenities

Interior

  • total bedrooms23
  • Total bathrooms23
  • APPLIANCES None

Area & Lot

  • Status For Sale
  • Living Area11,596 Sq.Ft.
  • Lot Area7,750 Sq.Ft.
  • MLS® ID24-437414
  • TypeMulti-Family
  • YEAR BUILT1935

Exterior

  • STORIES3
  • parkingOther
  • HEAT TYPEOther
  • AIR CONDITIONINGOther

Financial

  • Sales Price$1,295,000
  • Zoning LAC2
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 3313 W 48th St, Los Angeles, CA 90043. We are reviewing your request and will be in touch shortly!

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